Annex Advisory Services LLC Has $59.81 Million Position in Alphabet Inc. $GOOGL

Key Points

• Annex Advisory Services boosted its stake in Alphabet by 283.1% in Q4 to 191,099 shares worth $59.81 million, representing about 1.1% of the firm's portfolio and its 27th-largest holding.
• Alphabet posted a strong Q1 with $5.11 EPS vs. ~$2.64 expected and $109.9B revenue while Google Cloud grew ~63% to over $20B; analysts maintain a consensus "Moderate Buy" with a $369.67 target, though cloud capacity limits and regulatory/governance risks were flagged.

Annex Advisory Services LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 283.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 191,099 shares of the information services provider's stock after buying an additional 141,219 shares during the quarter. Alphabet makes up approximately 1.1% of Annex Advisory Services LLC's portfolio, making the stock its 27th biggest position. Annex Advisory Services LLC's holdings in Alphabet were worth $59,814,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PMV Capital Advisers LLC acquired a new position in Alphabet during the 4th quarter worth about $38,000. Kentucky Trust Co lifted its holdings in Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after buying an additional 100 shares during the period. iSAM Funds UK Ltd acquired a new position in Alphabet during the 3rd quarter worth about $53,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet during the 3rd quarter worth about $53,000. Finally, Maryland Capital Advisors Inc. lifted its holdings in Alphabet by 278.8% during the 4th quarter. Maryland Capital Advisors Inc. now owns 250 shares of the information services provider's stock worth $78,000 after buying an additional 184 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GOOGL has been the topic of a number of recent analyst reports. Canaccord Genuity Group set a $415.00 price objective on Alphabet in a research note on Thursday, February 5th. Phillip Securities boosted their price objective on Alphabet from $340.00 to $395.00 and gave the company a "moderate buy" rating in a research note on Wednesday, April 15th. Loop Capital boosted their price objective on Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research note on Monday, February 23rd. DA Davidson boosted their price objective on Alphabet from $300.00 to $310.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Finally, Tigress Financial set a $415.00 price objective on Alphabet and gave the company a "strong-buy" rating in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $369.67.

Alphabet Stock Performance

Shares of Alphabet stock opened at $349.94 on Thursday. Alphabet Inc. has a one year low of $147.84 and a one year high of $355.79. The firm has a market capitalization of $4.23 trillion, a price-to-earnings ratio of 32.37, a PEG ratio of 2.17 and a beta of 1.12. The business has a 50-day simple moving average of $312.08 and a 200 day simple moving average of $307.27. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.59 billion. On average, research analysts anticipate that Alphabet Inc. will post 11.53 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, the director directly owned 3,581 shares of the company's stock, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,037,192 shares of company stock worth $94,182,217 over the last three months. Insiders own 11.55% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
• Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
• Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
• Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
• Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
• Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
• Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
• Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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